business cycle
12
3.5
- noun
- /ˈbɪznəs ˈsaɪkəl/
- Specialized
:
ciclo económico
- The business cycle describes the regular fluctuations in economic activity, with periods of expansion and contraction.
- vary over the business cycle
- business cycle theory
- political business cycle
It's called the business cycle because it always comes back.
- It's called the business cycle because it always comes back.
- Also, in my first macroeconomics class, I studied the Great Depression and business cycles more generally.
- Frederick Hayek, his work on business cycle and his critique of central planning.
- It's driven by the business cycle and there are certain cycles that are forward-looking.
- But you know, it's interesting because like pain in business, in the business cycle comes in sort of waves.
- If you want your business to continue no matter what happens to you, you have to think early in the business cycle about this key man risk.
Examples
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Many economists claim that the slow recovery is part of the ordinary business cycle.
Academic text (2012) -
Yet both enrollments and public appropriations have varied with the business cycle.
Academic text (2012) -
It's called the business cycle because it always comes back.
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But basically the idea is that an ordinary business cycle looks like this.
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Every four to seven years is the average business cycle from peak to peak or through to through.
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What we're really seeing is a classic business cycle, complete with a bank panic.
Blog text (23) -
Several authors provide evidence on the relationship among unemployment rates, business cycle conditions, or housing conditions on health variables in the short run.
Academic text (2018) -
Bernstein found that the business cycle, not acts of Congress, drives investment in the U.S.
Blog text (7) -
Accordingly, except for business cycle declines, manufacturing output has been continuously rising.
Academic text (1994) -
The system reflects the economic preoccupations of that time: the business cycle and persistent unemployment in industrial economies.
Academic text (1992)
Synonyms
707
2.8
A series of events that repeat in the same order
A pattern of rises and falls in the economy, like growth and recession
Antonyms
How Severe
- Specialized
39
4.0
- Specialized
858
4.6
- Specialized
12
3.5
363
3.1
Surface Forms
Morphology
The meaning 'recurring periods of economic expansion and contraction' is directly derivable from combining 'business' (commercial activity) with 'cycle' (a repeating sequence). This noun+noun composition transparently denotes a repeating pattern in business/economic activity and is cross-linguistically common, so a B1 learner who knows both constituents should be able to infer the MWE's meaning.
Etymology
Business cycle The noun business cycle comes from the image of a turning wheel: business activity moves in a cycle, rising and falling again and again. So, it means repeating periods of 'growth' and 'slowdown' in the economy.